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2 years ago

How does Maslow hierarchy of need help marketers to create various marketing strategies. Explain your answer with examples.

1 answer:

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The Maslow hierarchy of need helps marketers to create various marketing strategies because its already provides a way of evaluating the customers' motivations beyond what raw data will give.

<h3>What is the Maslow hierarchy of need?</h3>

The psychological theory established the motivation theory that models the 5 categories of human needs that helps to dictate an individual's behaviour.

The needs of human according to the Maslow Hierarchy includes Self-actualization, Esteem need, love and belonging need, safety need and physiological needs.

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We discussed the invasions of the Roman world by various Germanic tribes in the fifth century and the Arab-Islamic conquests of

EleoNora [17]

Answer:

The invaders were able to govern the more advanced civilizations because they adopted most of the conquered civilizations' customs, rules of governance, and even languages and religion.

For example, in the case of the Germanic tribes that conquered the Western Roman Empire, the rulers adopted, one by one, the religion of the Roman Empire: Christianity, more specifically, the Roman Catholic variant.

They also began to use the language of the Empire: Latin, for ecclessiastical and political matters, and while political institutions did change a lot, some of the political institutions of the Empire did survive in the sucessor states that the Germanic rulers carved out of the Roman territory.

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3 years ago

An economist has conducted extensive research and has found that jones cola is a substitute for tucker cola. ceteris paribus, th

madam [21]

Answer: Increase in demand

Explanation: Change in demand occurs when factors affecting demand other the its price changes. While, a change in quantity demanded occurs when the price of the good changes other things constant. Since, jones cola and tucker cola are substitutes to each other. A rise in the price of jones cola will shift demand towards tucker cola. This, will lead to a rightward shift in the demand curve for tucker cola and an increase in demand for tucker cola.

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4 years ago

Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes:

navik [9.2K]

Answer:

Entries are given

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

Account DEBIT CREDIT

raw material inventory 300,000

accounts payable 300,000

work in process inventory- Mixing 210,000 -

work in process inventory- Packaging 45,000

raw material inventory 255,000

Factory payroll 258,900 -

Wages payable 258,900

work in process Labor- Mixing 182,500 -

work in process Labor Packaging 76,400

Factory payroll 258,900

Manufacturing overhead 810,000 -

overhead payable 810,000

work in process Mixing 672,000 -

work in process Packaging 144,000

Manufacturing overhead 816,000

work in process Labor Packaging 979,000 -

work in process Labor- Mixing 979,000

Finished goods 1,315,000 -

work in process Labor Packaging 1,315,000

Accounts receivable 2,500,000 -

Sales 2,500,000

Cost of goods sold 1,604,000 -

Finished goods 1,604,000

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3 years ago

When a magazine company collects cash for selling a subscription, it is an example of: Multiple Choice An accrued liability tran

katrin [286]

The complete question is:

When a magazine company collects cash for selling a subscription, it is an example of:

1. A deferred revenue transaction

2. An accrued receivable transaction

3. A prepaid expense transaction

4. An accrued liability transaction

Answer:

A deferred revenue transaction.

Explanation:

In this scenario the magazine company has collected cash for a subscription. Subscriptions are payments that are made to gain access to a certain service. Take for example if a subscription has to be paid to a company to access their website for information. The cash has been collected but service is to be provided in the future. When service is not yet provided and payment is collected it is referred to as deferred revenue.

This is because the service has not yet been performed so revenue is not yet earned. When service is provided then the revenue is recognised.

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3 years ago

Read 2 more answers

Goldfarb Company manufactures and sells toasters. Each toaster sells for $23.55 and the variable cost per unit is $16.15. Goldfa

IRINA_888 [86]

The contribution margin per unit is $7.4.

<h3>What is the contribution margin?</h3>

The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses.

One of the main components of break-even analysis is the idea of contribution margin.

Labor-intensive businesses with limited fixed expenses typically have low contribution margins, whereas capital-intensive, industrial corporations typically have high contribution margins.

Contribution margin per unit = Revenue per Unit ₋ Variable Expenses per Unit.

Contribution margin per unit = $23.55 ₋ $16.15

Contribution margin per unit = $7.4

Therefore, the contribution margin per unit is $7.4.

To know more about contribution margin refer to: brainly.com/question/14950546

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2 years ago